Oil prices poised to rise above $60 amidst tightening supply, strong demand
Brent crude futures, the international benchmark for oil prices, were at $57.84.
Tag: U.S market
![Oil barrels used to illustrate story [Photo Credit: Independent.co.uk]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2016/11/oil-barrels.jpg?fit=1024%2C768&ssl=1)
Oil price rises towards $59 on tighter U.S. market, Middle East tensions
Tensions in the Middle East mean a risk premium is being priced into oil markets.
